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MCAN Financial Group (MCAN Financial Group) Cyclically Adjusted Price-to-FCF : 11.33 (As of Jun. 02, 2024)


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What is MCAN Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), MCAN Financial Group's current share price is $11.56. MCAN Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.02. MCAN Financial Group's Cyclically Adjusted Price-to-FCF for today is 11.33.

The historical rank and industry rank for MCAN Financial Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MAMTF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.07   Med: 15.98   Max: 235.16
Current: 11.78

During the past years, MCAN Financial Group's highest Cyclically Adjusted Price-to-FCF was 235.16. The lowest was 3.07. And the median was 15.98.

MAMTF's Cyclically Adjusted Price-to-FCF is ranked worse than
76.02% of 830 companies
in the Banks industry
Industry Median: 7.35 vs MAMTF: 11.78

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

MCAN Financial Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.945. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCAN Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MCAN Financial Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MCAN Financial Group Cyclically Adjusted Price-to-FCF Chart

MCAN Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.85 - - - 93.61

MCAN Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 93.61 11.47

Competitive Comparison of MCAN Financial Group's Cyclically Adjusted Price-to-FCF

For the Mortgage Finance subindustry, MCAN Financial Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MCAN Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MCAN Financial Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MCAN Financial Group's Cyclically Adjusted Price-to-FCF falls into.



MCAN Financial Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

MCAN Financial Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.56/1.02
=11.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MCAN Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, MCAN Financial Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.945/126.2576*126.2576
=0.945

Current CPI (Mar. 2024) = 126.2576.

MCAN Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.742 99.473 -4.750
201409 -5.033 99.394 -6.393
201412 16.008 98.367 20.547
201503 1.300 99.789 1.645
201506 1.163 100.500 1.461
201509 -0.903 100.421 -1.135
201512 -0.545 99.947 -0.688
201603 0.244 101.054 0.305
201606 0.138 102.002 0.171
201609 0.324 101.765 0.402
201612 0.953 101.449 1.186
201703 -0.269 102.634 -0.331
201706 0.607 103.029 0.744
201709 -0.225 103.345 -0.275
201712 0.627 103.345 0.766
201803 -1.669 105.004 -2.007
201806 1.357 105.557 1.623
201809 -0.515 105.636 -0.616
201812 0.649 105.399 0.777
201903 -1.060 106.979 -1.251
201906 0.116 107.690 0.136
201909 0.318 107.611 0.373
201912 -0.363 107.769 -0.425
202003 0.197 107.927 0.230
202006 2.029 108.401 2.363
202009 -1.731 108.164 -2.021
202012 1.311 108.559 1.525
202103 -0.357 110.298 -0.409
202106 1.266 111.720 1.431
202109 -1.721 112.905 -1.925
202112 -2.370 113.774 -2.630
202203 0.357 117.646 0.383
202206 -1.365 120.806 -1.427
202209 -1.192 120.648 -1.247
202212 2.751 120.964 2.871
202303 -0.525 122.702 -0.540
202306 -1.031 124.203 -1.048
202309 -0.277 125.230 -0.279
202312 0.540 125.072 0.545
202403 0.945 126.258 0.945

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


MCAN Financial Group  (OTCPK:MAMTF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


MCAN Financial Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of MCAN Financial Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


MCAN Financial Group (MCAN Financial Group) Business Description

Traded in Other Exchanges
Address
200 King Street West, Suite 600, Toronto, ON, CAN, M5H 3T4
MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives majority of its revenues from mortgage income and equity income.

MCAN Financial Group (MCAN Financial Group) Headlines

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